2900, West Flagler Street, Miami, United States
Miami-Dade County, FL 33135
$3,200,000
- Multi-family
- 6,414 SF building
- 0.34 acre lot
- $499/SF
Highlights
- 6,414 SF building on a 15,000 SF (0.34 acres) lot
- 12 units
- Asking $499/SF
Property facts
- Price
- $3,200,000
- Price per SF
- $499/SF
- Property type
- Multi-family
- Building size
- 6,414 SF
- Lot size
- 15,000 SF (0.34 acres)
- Units
- 12
About this property
Rare opportunity to acquire a stabilized 12-unit multifamily asset strategically located on a high-visibility corner lot along Miami’s iconic West Flagler Street corridor. This income-producing property features a solid unit mix of 10 spacious 1-bedroom, 1-bathroom apartments and TWO studios, perfectly positioned to capture Miami’s robust workforce housing demand. The building sits on an expansive 15,000 Sq. Ft. lot with T5-L Urban Center zoning, offering significant long-term covered land play and high-density redevelopment potential. Recent capital improvements include a newer roof (2013), updated central A/C systems, and over 3,000 Sq. Ft. of paved asphalt parking—a premium asset in this densely populated area. Located in a ”Central” Enterprise Zone within the Urban Development Boundary, residents enjoy immediate access to major transit lines, the Health District, and Downtown Miami. Whether looking for immediate cash flow or a strategic addition to a portfolio, this property offers a unique blend of stability and appreciation in one of Miami’s most active growth paths.
From the listing broker.
Our estimate
Location
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